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Global Reach Logistics Limited

12911431

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

WATLING PARK, DAVENTRY, NN6 7XY
Incorporated 28/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities

Officers

Mr Hang Qi

director · Since 28/09/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Mr Zhuowei Gao

director · Since 19/08/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 4 other boards

Mr Harry Joseph Johnson

director · Since 02/06/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 25

Persons with Significant Control

Mr Hang Qi

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 44

Watling Park, Watling Street, Daventry, NN6 7XY

Notified 23/11/2022

Mr Zhuowei Gao

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 43

Watling Park, Watling Street, Daventry, NN6 7XY

Notified 23/11/2022

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 11/10/2021Registered 12/10/2021Satisfied 01/12/2022

CompanyRankvs 13057+ SIC 52290 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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13057Global Reach Logistics Limited
24
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2023

Net Worth

-£2.0M

Balance sheet strength

Cash

£107k

Cash in the bank

Profit Before Tax

-£814k

Bottom line earnings

Net Current Assets

-£4.1M

Working capital

Current Assets

£7.1M

Current Liabilities

£11.2M

Fixed Assets

£4.6M

Debtors

£7.0M

Gross Profit

£4.7M

Operating Profit

-£801k

Profit After Tax

-£480k

0avg. employees

People Costs

Wages & salaries£850k
NI contributions£88k

Balance Sheet

Intangible assets£1.0M
Depreciation£934k
Assets less current liabilities£537k
Prepared with Sage Accounts Production 21.0 - FRS102_2021

EstimatesDerived

YearCurrent Ratio
20230.63

Derived from filed accounts. Not audited figures.